Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Mexico - 2023

Contents:

1. Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Mexico (CIF) - 2023
2. Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Mexico (FOB) - 2022
3. Imports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Mexico
4. Exports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Mexico

Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Mexico (CIF) - 2023

In July 2023, the average import price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell amounted to $1,757 per ton, therefore, remained relatively stable against the previous month. Over the period under review, the import price recorded a temperate expansion. The import price peaked in July 2023.

As there is only one major supplying country, the average price level is determined by prices for China.

From November 2022 to July 2023, the rate of growth in terms of prices for China amounted to +1.6% per month.

Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Mexico (FOB) - 2022

In 2022, the average export price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell amounted to $727 per ton, shrinking by -20.9% against the previous year. Overall, the export price saw a noticeable setback. The most prominent rate of growth was recorded in 2013 a decrease of -3.7% against the previous year. The export price peaked at $1,465 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($2,116 per ton), while the average price for exports to the United States amounted to $459 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+3.4%).

Imports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Mexico

In 2022, approx. 3.3K tons of ground-nuts; other than seed, not roasted or otherwise cooked, in shell were imported into Mexico; with an increase of 163% against 2021. Overall, imports, however, continue to indicate a noticeable reduction.

In value terms, imports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell skyrocketed to $4.6M in 2022. In general, imports, however, showed a abrupt shrinkage.

Top Suppliers of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell to Mexico in 2022:

1. United States (1.9K tons)
2. China (1.4K tons)

Exports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Mexico

In 2022, exports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell from Mexico skyrocketed to 35 tons, picking up by 277% compared with the year before. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell skyrocketed to $26K in 2022. Overall, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell from Mexico in 2022:

1. United States (29.6 tons)
2. Canada (5.7 tons)

Source: IndexBox Market Intelligence Platform